u/BeltFedKris

Probably a really stupid question here, but I'm trying to learn everything I can instead of just asking "wHerE ShOUld I invEst". If I jump on the DRAM train to try to catch the upswing with some play money, can I just set a stop limit order to dump it all if it gets down to where I've lost as much as I can stomach? Obviously I don't think this is something you'd do portfolio wide but say I'm wanting to preserve 80-90 percent of the investment if it ends up being a bust. Is this a thing people do? Is it really that simple? I'm stupid for not knowing this, right?

Hey ya'll. I'm looking for a few leads on a fencing company to get some quotes for some new fencing at my house and also some chain link alternatives for my aunts house just down the road. Gonna be probably close to a thousand feet of fence it's looking like. Who do you recommend in the Johnson City area? (small and/or veteran owned is my preference if that's out there)

Here comes another overthinker so get ready! We are an early 40s married couple who own a small business that keeps the bills paid and grows a little every year and we’re ok with that setup. Neither of us have ever had much money, I spent most of my life assuming that I wouldn’t make it out of the military or law enforcement so I didn’t do anything other than make sure my family was taken care of. Wife has a small 401k we need to roll over somewhere from her last public job (about $125k) but other than that and the two houses we own (one inherited and one with about $50k left on the mortgage at 3 percent) and our shop we don’t have much in the way of assets or retirement…..

Till last month. Long story short we now have around $900k in cash, a third of which is in a benefit IRA I have to empty within 10 years. I already have close to $10k in a few vanguard ETFs but my spread and knowledge is pretty cursory and along the lines of the general consensus here on Reddit and YouTube. So what do I do with the rest? Our mid/long term goals are to keep the leather goods business going at the pace we are now which is comfortable and allows us the freedom to help take care of family and friends when we need to. A pullback in our early 50s would be nice if there’s a way to manage that, but neither of us will probably ever fully “retire”. And we have one child who we’d like to set up for success maybe not purely monetarily but by helping her understand how to structure what we do have so she can build on it and not end up in the generational poverty most of our family has been in for awhile. Oh and Im “responsible” for an aunt in her late 50s who works and has a place to live the rest of her life but a small side quest on how I can best take care of her later in life would be welcomed since she has zero retirement or ability to manage anything.

I’ve talked with a couple of the big firms like Edward jones and Raymond James and I’m generally disappointed in their attitude towards anyone who wants to learn more instead of just turning them loose with the money even though they’ll straight up tell you there going to put most of it in ETFs I could access myself and save $13k a year.

A lot of info, I know but any help would be appreciated.